油气并购交易评价油价特征研究及与投资项目经济评价参数油价的比较性分析  

Comparative Analysis on Characteristics of M&A Evaluation of Oil Price and Economic Evaluation Parameters of Oil Price of Investment Project

作　　者：徐东[1] 朱巍 李霄阳 杨美多 龚得 Xu Dong;Zhu Wei;Li Xiaoyang;Yang Meiduo;Gong De(不详)

机构地区：[1]中国石油天然气股份有限公司规划总院 [2]中国石油国际勘探开发有限公司资本运营部 [3]中国石油化工集团有限公司发展计划部

出　　处：《石油规划设计》2021年第1期5-9,66,共6页Petroleum Planning & Engineering

摘　　要：文章通过研究分析十五年来伍德麦肯兹公司的全球上游并购分析报告,及与国际基准原油价格的对比分析,总结了2005年以来的各年度数据及其变化趋势;结合国内文献研究,归纳总结出该价格体系的特征。同时与投资项目经济评价的决策油价开展了比较性分析,意在促使国内石油公司、研究机构和能源学者更好地理解全球并购交易评价油价体系,持续提高国内石油公司未来在全球油气并购市场上交易行为的质量和效益,增强全球油气资源统筹开发利用和配置能力,提升国际化经营水平,保证我国油气能源长期供给安全。This paper analyzed global upstream merger and acquisition(M&A)analysis reports of Wood Mackenzie,domestic literature researches regarding M&A international benchmark crude oil prices annual data and its trend since 2005.It summarized characteristics of the implied long-term oil price(ILTOP)system.Meanwhile,a comparative analysis was carried out with the decision-making oil price of financial evaluation of investment project in order to help domestic oil companies,research institutions and scholars to better understand ILTOP system.The study objective is to continuously improve the quality and efficiency of domestic oil companies in the areas of global oil and gas M&A market in future,enhance the overall development,utilization and abilities of global oil and gas resources allocation,improve the levels of international operation,and ensure safe supply of oil and gas in China for a long time.

关 键 词：并购交易评价油价 国际原油基准油价 投资项目经济评价参数油价 变化趋势 比较性分析 质量和效益 

分 类 号：F426.22[经济管理—产业经济]